Originally posted by lazybones
Except they won't 'eat it'. The costs will just be passed onto the consumers. And tariffs are a form of corporatism as they protect uncompetitive industries from competition and insulate them from the need to change. So some of those 'assholes' will suffer, but another group of assholes will be benefiting, at the expense of the ordinary consumer.
Exactly, while the 1/5 of a cent increase in the cost of a can of soup won't matter, the cost of something like a car which consist of more than just a few ounces of steel will to the average person.